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OverviewHoldingsPerformanceDividendsSimilar EtfsCorrelations
High CorrelationLow Correlation

28 Stocks and 72 ETFs for diversifying EVNT (ALTSHARES EVENT-DRIVEN ETF)

The least correlated asset to EVNT (ALTSHARES EVENT-DRIVEN ETF) is ETF EMEM (SOPHUS CAPITAL EMERGING MARKET ETF). The correlation is -0.9946.

Stocks that lowly correlated with EVNT

SymbolName
Market cap
SectorIndustry
Correlation
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.77
OFSSOOFS Capital Corp$341MN/AN/A-0.68
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.66
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.65
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.65
NPACNew Providence Acquisition Corp III - Class A$398MFinancial ServicesShell Companies-0.62
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.57
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.56
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.55
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.55
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.54
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.52
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.50
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.49
GLIBAGCI Liberty Inc - Class A$879MCommunication ServicesTelecom Services-0.49
BCARBank of the Carolinas CORP$303MFinancial ServicesShell Companies-0.47
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.44
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.44
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.44
HVMCUHighview Merger Corp - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.44
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.43
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.43
TVAIThayer Ventures Acquisition Corporation II$208MFinancial ServicesShell Companies-0.42
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.41
ALMAlma Metals Limited$3.90BBasic MaterialsOther Industrial Metals & Mining-0.40
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.39
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.39
JLHLJulong Holding Ltd - Class A$219MIndustrialsBuilding Products & Equipment-0.39

ETFs that lowly correlated with EVNT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EMEMSOPHUS CAPITAL EMERGING MARKET ETF $61M0.65%May 19, 2026-0.99
JHDGJOHN HANCOCK HEDGED EQUITY ETF $90M0.49%Apr 7, 2026-0.78
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.73
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.72
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.69
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.69
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.68
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.67
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.67
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.66
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.66
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.66
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.65
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.65
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.65
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.65
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.64
SBILSimplify Government Money Market ETF$5B0.15%Jul 14, 2025-0.63
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.63
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.63
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.63
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.63
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.62
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.62
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.62
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.62
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.62
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.59
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.59
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.59
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.58
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.56
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.55
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.54
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.54
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.53
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.53
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.52
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.51
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.51
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.51
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.51
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.50
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.50
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.50
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.50
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.49
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.49
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.48
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.48
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.47
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.47
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.46
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.45
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.45
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.45
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.45
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.45
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.44
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.43
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.43
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.42
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.42
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.42
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.42
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.41
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.40
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.40
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.39
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.39
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.39
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.39